FEBRUARY Buyers Survey Results! The results of OMREB's FEBRUARY 2016 Buyers Survey are now in and posted! A total of 232 responses representing 40% of the 575 deals closed on behalf of Buyers in February. FEBRUARY SURVEY SUMMARY Property Type: 22.4% by First Time Buyers (down from 22.8% in January) 17.1% by Move-Up Buyers (down from 20.5%) 16.2% by Buyers Downsizing (up from 14.2%) 13.6% by Relocating and moving to similar property type (down from 14.2%) 13.6% buying Revenue/Investment Property (up from 11.8%) 7.5% moving from Single Family Home to Strata Unit (up from 4.7%) 3.9% buying Recreation Property (no change from 3.9%) 3.1% moving from Strata Property to Single Family Home (no change from 3.1%) 2.6% moving into Retirement Home/Seniors Community (down from 3.1%) Buyer Type (Family Dynamic): 26.5% Two Parent Family/Children (down from 26.2% in January) 26.5% Couple without Children (up from 21.5%) 11.3% Single Female (down from 19.2%) 13.5% Single Male (down from 16.2%) 20.4% Empty Nester/Retired (up from 13.8%) 3% Single Parent with Children (down from 3.1%) Moving From: 62.5% from Within OMREB Board Area (down from 63.1% in January) 14.7% from Lower Mainland/Vancouver Island (up from 12.3%) 7.3% from Alberta (up from 6.9%) 4.3% from Other Areas in BC (down from 6.9%) 4.3% from Saskatchewan/Manitoba (up from 2.3%) 3.9% from Outside Canada (down from 5.4%) 2.2% from Eastern Canada/Maritimes (down from 3.1%) 0.9% from NWT/Yukon (up from 0%)